iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,419 Blog Posts

Sold Out of $SLCA Because it Was ‘Too Quality’ — Replaced it With a Flaming Barrel of Shit

So I was up nearly $3 on my SLCA purchase that I made last week. Problem with the stock: it doesn’t move in 100% increments — my preferred mode of transport. While you fuckers move digitally, I’m analogging my way towards a massive headstone — aka rich as fuck by death. That is my end game, after all; becoming as rich as possible towards the end of my life — then donating all of my money to some preposterous cause that will foment a great blight in some well to do area in the United States.

I also sold my JNUG, which crawled all the way back near my basis. It actually threatened, even menaced me, with a loss — so I quickly sold it and then guzzled down a glass of coconut cream. Did you know there are only ~500 calories in a nice tall glass of coconut cream?

Replacing those two stocks, I bought NETE — not because I like the company or ‘feel good’ about it’s prospects — but because of the chart. Yes, indeed, I bought NETE, mind you, because I enjoyed gazing into the chart — caressing its moving averages and they spoke to me in very kind and gentle words: “psst, over here, asshole. Buy me because my chart is breaking out.”

So I did it and that’s that.

Aside from that, I have two other names performing well: KBSF and NCTY, both of who also have some very nice and splendid charts.

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9 comments

  1. sarcrilege

    Coconut cream for nice, silky smooth skin. And deep frying pork rinds.

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  2. mrcharlie

    Coconut cream, never heard of it. Im on that Zico water for smoothies and electrolytes! Wow that Bloomberg chick is SMOKIN

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  3. chuck bennett

    Nete has a partnership with QIWI.

    I smell Russian collusion

    Regards

    Chuck Bennett

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  4. ferd

    Longer term bonds shitting the bed … while dollar down since tax redistribution bill. Inflation will now spread from financial assets to stuff the eaters need to live. Good job stable genius.

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  5. mad marsupial

    Un-adjusted for split, daily & 2-day charts, on NETE looks gnarly if it doesn’t hold $10.

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